Sweet Dreams manufactures candy. Its records revealed the following:
Units produced 4,000
Standard direct labor hours per unit 2
Standard variable overhead rate $2.50 per hour
Standard fixed overhead rate $5.00 per hour
Budgeted fixed overhead costs $40,800
Actual variable overhead costs $16,800
Actual fixed overhead costs $40,400
Actual labor hours 8,000 direct labor hours
Total actual overhead %57,200
What is the total overhead variance?